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Genesis AI (STU:NL8) Receivables Turnover : 2.41 (As of Sep. 2024)


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What is Genesis AI Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Genesis AI's Revenue for the three months ended in Sep. 2024 was €0.07 Mil. Genesis AI's average Accounts Receivable for the three months ended in Sep. 2024 was €0.03 Mil. Hence, Genesis AI's Receivables Turnover for the three months ended in Sep. 2024 was 2.41.


Genesis AI Receivables Turnover Historical Data

The historical data trend for Genesis AI's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Genesis AI Receivables Turnover Chart

Genesis AI Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 26.00

Genesis AI Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 4.33 11.33 2.41

Competitive Comparison of Genesis AI's Receivables Turnover

For the Software - Application subindustry, Genesis AI's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Genesis AI's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Genesis AI's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Genesis AI's Receivables Turnover falls into.



Genesis AI Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Genesis AI's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=0.468 / ((0.01 + 0.026) / 2 )
=0.468 / 0.018
=26.00

Genesis AI's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0.07 / ((0.026 + 0.032) / 2 )
=0.07 / 0.029
=2.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Genesis AI  (STU:NL8) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Genesis AI Receivables Turnover Related Terms

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Genesis AI Business Description

Traded in Other Exchanges
Address
1620 Dickson Avenue, Suite 750, Kelowna, BC, CAN, V1Y 9Y2
Genesis AI Corp is a cybersecurity specialist company. It specializes in creating solutions to provide key organizational stakeholders with accurate and timely business intelligence to increase security posture and reduce risk. Further, it holds a military grade, cybersecurity platform for small-to-medium-sized businesses, comprising blockchain event validation, cyber tagging, incident response, and rapid restoration.

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